The spokesperson for China’s Ministry of Commerce, Shu Jueting, affirmed that in the coming time, China will earnestly implement the important consensus reached between the top leaders of the two Parties and two countries, and promote the improvement of quality and upgrade of economic and trade cooperation with Vietnam.
Mr. Shu Jueting emphasized that in recent years, trade between China and Vietnam has developed rapidly, and investment cooperation has achieved remarkable results. China is Vietnam’s largest trading partner, with bilateral trade exceeding $200 billion for three consecutive years. In the first seven months of 2024, it continued to reach $145.07 billion, up 20.9% from the same period last year.
“China is the largest export market for Vietnamese agricultural products. Vietnamese fruits such as durian and dragon fruit are very popular with Chinese consumers. Agricultural imports from Vietnam account for about one-fifth of the total agricultural imports from ASEAN countries,” said Shu Jueting.
Spokesperson of China’s Ministry of Commerce, Shu Jueting – Photo: Ministry of Commerce of the People’s Republic of China
In the field of investment cooperation, according to Shu Jueting, Vietnam is an important foreign investment destination for China. From January to July this year, Chinese companies invested directly $1.84 billion in Vietnam, maintaining a rapid growth rate.
“The Ministry of Commerce [of China] will earnestly implement the important consensus reached between the top leaders of the two Parties and two countries, taking the 75th anniversary of the establishment of diplomatic relations between the two countries next year as an opportunity to promote the improvement of quality and upgrade of economic and trade cooperation between the two countries,” affirmed Shu Jueting.
Regarding specific measures, the spokesperson said that the Ministry of Commerce of China will strengthen bilateral trade cooperation, support enterprises from both sides to make full use of platforms such as the China International Import Expo (CIIE), China Import and Export Fair (Canton Fair), and China-ASEAN Expo (CAEXPO).
Promote trade facilitation and industrial development linkage; deepen regional economic integration, accelerate negotiations on the China-ASEAN Free Trade Area Version 3.0, and continue to bring into play the benefits of the Regional Comprehensive Economic Partnership (RCEP) agreement, contributing more to the development and prosperity of the region.
The most extensive bribery case ever in Thanh Hoa: Numerous suspects prosecuted for “Giving and Receiving Bribes”
The Provincial Security Investigation Agency (PSIA) of Thanh Hoa province announced on January 31st that it has made the decision to initiate a prosecution against 23 individuals in connection with the offenses of “Accepting bribes” and “Giving bribes” as stipulated in Article 354(3) and Article 364(2) of the Criminal Code.
Choose La Mia Bao Loc – Embrace a Fulfilling Life with an Ideal Green Living Standard
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Accelerating disbursement of the 120 trillion VND credit package for social housing
Deputy Prime Minister Trần Hồng Hà has recently issued directives regarding the implementation of the 120,000 billion VND credit package for investors and buyers of social housing, workers’ housing, and projects for the renovation and construction of apartment buildings.
“Prosecution of government officials, land registration officers, and tax department employees in the largest bribery case ever”
The Thanh Hoa Police Investigative Agency has initiated legal proceedings against 23 individuals involved in the crimes of “Bribery” and “Receiving bribes”. This is the largest bribery case in terms of the number of suspects ever discovered and apprehended by the Thanh Hoa Police.
Mobile World achieves revenue of VND118,000 trillion: TVs, tablets, and phones all decrease by 10% – 50%, while one product grows in both quantity and revenue.
Mobile World Investment Corporation (MWG) has recently announced its 2023 business results. According to the report, the company’s consolidated revenue reached over 118 trillion Vietnamese dong, equivalent to 89% of the revenue in 2022.
